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More Systems Limited

07015633

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

TREMOUGH INNOVATION CENTRE, PENRYN, TR10 9TA
Incorporated 11/09/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Robert Ian Harper

director · Since 11/09/2009

ACCOUNTANT

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Mr Timothy Mark Pointon

director · Since 11/09/2009

SOFTWARE DEVELOPER

BRITISH · ENGLAND · Age 51

Also on 8 other boards

Persons with Significant Control

Mr Rober Ian Harper

Significant control

British · England · Age 60

Mill House, Goonreeve, Penryn, TR10 9AY

Notified 06/04/2016

CompanyRankvs 38182+ SIC 62012 peers
37

Financial strength7th percentile among SIC peers · 2/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£34k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£1k

Current Liabilities

£14k

Debtors

£35

0avg. employees

Balance Sheet

Assets less current liabilities-£9k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09+£3k
20230.01-£2k
20220.47+£122
20210.49-£29k
20200.96-£20k
20190.28+£9k
20180.59

Derived from filed accounts. Not audited figures.